Is China really faltering?

Is China really faltering?

Let’s separate the facts from the fiction as to whether China’s economy is faltering. China has risen to be the second-largest economy in the world. It has used its Belt and Road Initiative to extend its economic reach globally, while concurrently building up its military. China is a formidable foe, but is it faltering? The Chinese economy is heavily debt-driven. It is experiencing overproduction, depressed consumer spending, and low domestic de…